Citi aims for branch business in key cities

04/11/2013 | AmericanBanker.com (free registration)

Citigroup opened a bank branch focused heavily on technology in Washington, D.C., part of a new strategy for shedding some 44 other branches and focusing on doing business in big cities. Washington is one of "those cities that ... our consumers really want to be active in, and where the demographics of much of the world are headed," said CEO Michael Corbat.

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